Knight Therapeutics Stock Price on September 24, 2024

GUD Stock  CAD 5.27  0.05  0.96%   
Below is the normalized historical share price chart for Knight Therapeutics extending back to March 03, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Knight Therapeutics stands at 5.27, as last reported on the 2nd of December, with the highest price reaching 5.30 and the lowest price hitting 5.23 during the day.
 
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If you're considering investing in Knight Stock, it is important to understand the factors that can impact its price. Knight Therapeutics has Sharpe Ratio of -0.0178, which conveys that the firm had a -0.0178% return per unit of risk over the last 3 months. Knight Therapeutics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Knight Therapeutics' Standard Deviation of 2.11, mean deviation of 1.26, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
At this time, Knight Therapeutics' Total Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Common Stock Shares Outstanding is likely to grow to about 123.8 M, while Other Stockholder Equity is likely to drop about 17.1 M. . As of the 2nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.90, while Price To Sales Ratio is likely to drop 1.61. Knight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0178

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Estimated Market Risk

 2.14
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Knight Therapeutics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Knight Therapeutics by adding Knight Therapeutics to a well-diversified portfolio.

Knight Therapeutics Valuation on September 24, 2024

It is possible to determine the worth of Knight Therapeutics on a given historical date. On September 24, 2024 Knight was worth 5.87 at the beginning of the trading date compared to the closed value of 6.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Knight Therapeutics stock. Still, in general, we apply an absolute valuation method to find Knight Therapeutics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Knight Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Knight Therapeutics' related companies.
 Open High Low Close Volume
  6.02    6.04    5.88    5.91    43,057  
09/24/2024
  5.87    6.07    5.85    6.01    74,267  
  6.06    6.06    5.87    5.90    46,507  
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Open Value
5.87
6.01
Closing Value
12.30
Upside

Knight Therapeutics Trading Date Momentum on September 24, 2024

On September 25 2024 Knight Therapeutics was traded for  5.90  at the closing time. The maximum traded price for the trading interval was 6.06  and the lowest daily price was  5.87 . The daily volume was recorded at 46.5 K. The volume of trading on 25th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.83% . The trading delta at closing time to the closing price today is 4.16% .

Knight Therapeutics Fundamentals Correlations and Trends

By evaluating Knight Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Knight Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Knight financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Knight Therapeutics Stock history

Knight Therapeutics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Knight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Knight Therapeutics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Knight Therapeutics stock prices may prove useful in developing a viable investing in Knight Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding107.5 M123.8 M

Knight Therapeutics Stock Technical Analysis

Knight Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Knight Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Knight Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Knight Therapeutics Period Price Range

Low
December 2, 2024
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High

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Knight Therapeutics cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Knight Therapeutics December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Knight Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Knight Therapeutics shares will generate the highest return on investment. By undertsting and applying Knight Therapeutics stock market strength indicators, traders can identify Knight Therapeutics entry and exit signals to maximize returns

Knight Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Knight Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Knight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Knight to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Knight Stock

Knight Therapeutics financial ratios help investors to determine whether Knight Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Knight with respect to the benefits of owning Knight Therapeutics security.